Mapletree Logistics Trust (OTCMKTS:MAPGF) Short Interest Update

Mapletree Logistics Trust (OTCMKTS:MAPGF) was the recipient of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 3,090,200 shares, a decrease of 18.9% from the January 31st total of 3,812,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 30,902.0 days.

Mapletree Logistics Trust Price Performance

OTCMKTS MAPGF remained flat at $0.87 during midday trading on Wednesday. 1 shares of the company’s stock traded hands, compared to its average volume of 6,245. The stock has a fifty day moving average of $0.95 and a two-hundred day moving average of $1.02. Mapletree Logistics Trust has a 52 week low of $0.87 and a 52 week high of $1.20.

About Mapletree Logistics Trust

MLT, the first Asia-focused logistics REIT in Singapore, was listed on the SGX-ST Main Board on 28 July 2005. MLT's principal strategy is to invest in a diversified portfolio of income-producing logistics real estate and real estate-related assets. As at 31 December 2023, it has a portfolio of 187 properties in Singapore, Australia, China, Hong Kong SAR, India, Japan, Malaysia, South Korea and Vietnam with assets under management of S$13.3 billion.